UPDATE: Text Cash Network Creates Even More Name Confusion With ‘ASSIGNMENT’ Clause That Appeared On ‘Purchase Agreement’ Page
Some affiliates have claimed Text Cash Network (TCN) is part of a company known as “The Johnson Group.” Others have added an ampersand and mimicked the name of an internationally famous company, saying TCN is part of the “Johnson & Johnson Group.”
Although photos appear online that show the name “TEXT CASH NETWORK” in large letters near the crown of an office building in Boca Raton, Fla., the Boca Raton Police Department said on Dec. 14 that the firm’s name is not on the building.
Now, yet another TCN flap involving a company name is emerging. The name appeared on TCN’s purchase-agreement page in recent days.
“I understand that this agreement may not be transferred or assigned without prior written consent of REX Venture Group, LLC a/k/a/ T.C.N..com (sic), which consent shall not be unreasonably denied,” the TCN purchase-agreement page read in part on Dec. 22, according to Google cache. The language appeared below a clause labeled “ASSIGNMENT.”
Largely the same language appears on a page for a program known as Zeek Rewards, which leads to questions about whether TCN had copied the language and swapped in the name of its own company without consent.
But the name of REX Venture Group no longer appears on the purchase-agreement page of TCN’s website, and the “ASSIGNMENT” clause has been reworded to read, “I understand that this agreement may not be transferred or assigned without prior written consent of Text Cash Network, inc. a/k/a T.C.N., which consent shall not be unreasonably denied.”
It is unclear when the changes were made.
TCN has claimed to employ an “attorney,” but does not name the attorney. It also has claimed to use a “host of traditional domestic and international legal representatives.”
Whether TCN consulted the purported attorney and the purported “host of traditional domestic and international legal representatives” before posting the assignment clause — and later editing it — is unclear. Also unclear is whether TCN ever consulted with the Rex Venture Group, the firm whose name now has been deleted from TCN’s purported assignment clause.
Why TCN claimed it also was known as the Rex Venture Group also is unclear.
TCN has promotional links to Ponzi scheme boards and to MLM huckster Phil Piccolo and Piccolo-associated firms such as Data Network Affiliates (DNA) and OWOW, which stands for “One World One Website.”
Significant incongruities and vagueness over TCN’s ownership structure have marked promotions for TCN. Similar incongruities marked promos for DNA and OWOW.